1. 24-hour cooldown
Once a run produces signals, Refresh Research locks for 24 hours. Both client-side (button disabled with countdown) and server-side (returns 429 if bypassed). Empty runs don’t count — you can retry immediately if nothing was found.2. Web-search cap
Theweb_search tool is capped at 5 uses per run. Each search costs (fetches + processes a page); more than 5 rarely improves signal quality.
3. Output cap
max_tokens: 2500 limits how much prose the LLM can emit. 6-12 signal JSON + a 60-120 word digest fits comfortably.
4. Prompt caching
The fixed instruction block (schema + rules) is markedcache_control: ephemeral. Anthropic serves it from cache on subsequent runs at ~10% of the input cost.
Typical cost per run
Depends on your model choice:
Numbers assume ~4 web_search calls, 2500 output tokens, cached system prompt after the first run.
Where to see actual spend
AI Studio → Activity log shows every LLM call with token counts + source. Filter bysource: market to see Signals-only usage.